President Muhammadu Buhari declared late Wednesday in Nairobi that he was yet to be convinced that Nigeria and its people will derive any tangible benefit from...
Why is the naira on a freefall? The most common answers you will get from Nigerians are: blame it on President Muhammadu Buhari, for insisting on...
The naira, Wednesday, depreciated further to N305 per dollar as scarcity of dollars intensified in the parallel market. From an average of N287 per dollar, Tuesday,...
Monday’s stoppage of foreign exchange sales to Bureau De Change operators by the Central Bank of Nigeria failed to lift the naira on Tuesday as the...
The Naira on Monday depreciated by 2 per cent against the dollar at the parallel market. The naira shed N5 to exchange at N280 to the...
The Naira on Monday depreciated by 0.8 per cent to exchange at N265 to the dollar at the parallel market. The greenback lost N2 to the...
The naira on Friday finally strengthened against the dollar after weeks of free fall at the parallel market. The currency gained N10 to exchange at N270...
The naira continued its freefall on Thursday, crashing to 280 against the dollar at the parallel market. The naira, which was trading at between 241 and...
Nigeria’s naira fell 1.5 percent to a new low of 265 to the dollar on the unofficial market on Wednesday after the central bank rationed dollar...
The Naira today traded a about N260 to the dollars as scarcity of the greenback continues to hit the parallel market. The Naira closed last week...
Nigeria’s President Buhari who has repeatedly refused to devalue the Nigerian naira against experts advice looks on as the Nigerian economy suffers recession. The naira fell...
The Nigerian local currency, naira, is trading at 250 to the greenback and 365 to the pound on Wednesday at the parallel market. “We are selling...